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List of All Articles with Tag 'gb'

Government Bonds Surge as Traders Parse Economic Outlook
Government Bonds Surge as Traders Parse Economic Outlook
Europe’s government bonds surged and the euro weakened after fresh warning signs over the health of the region’s
2023-07-24 20:58
Top UK Pound Forecaster Pits Sunak Against Brexit’s Shadow
Top UK Pound Forecaster Pits Sunak Against Brexit’s Shadow
For the world’s most-accurate predictor of the British pound, it all started with the wake-up call of Brexit.
2023-07-24 12:20
UK’s Hot June Delivers Unexpected Boost for Retail Sales
UK’s Hot June Delivers Unexpected Boost for Retail Sales
Britain’s hottest June on record helped lift retail sales, pushing consumers into department stores and supermarkets to spend
2023-07-21 14:52
Ramsden Says BOE Could Step Up the Pace of Shrinking Balance Sheet
Ramsden Says BOE Could Step Up the Pace of Shrinking Balance Sheet
Bank of England Deputy Governor Dave Ramsden said he sees scope to step up the pace of shrinking
2023-07-20 01:20
UK Inflation Falls Below 8% for First Time in Over a Year
UK Inflation Falls Below 8% for First Time in Over a Year
Britain’s inflation rate cooled more than expected to the lowest level in more than a year, a sign
2023-07-19 15:55
UK Property Sellers Cut Asking Prices for First Time This Year
UK Property Sellers Cut Asking Prices for First Time This Year
UK property sellers cut their asking prices for the first time this year, an indication that a sharp
2023-07-17 07:50
Pound Bulls Face Reckoning After Currency’s Best Week This Year
Pound Bulls Face Reckoning After Currency’s Best Week This Year
Traders who drove the pound to its best week of the year have a lot riding on the
2023-07-16 15:17
London Workers More Gloomy About Prospects of Finding a New Job
London Workers More Gloomy About Prospects of Finding a New Job
London workers are more uneasy about finding a new job than in any other region of England, according
2023-07-16 13:23
Hollywood AI backlash: What striking writers and actors fear about tech replacing roles
Hollywood AI backlash: What striking writers and actors fear about tech replacing roles
Hollywood’s actors and writers have both gone on strike for the first time since 1960 to protest against a number of decisions by major studios that include not just job cuts but also a potentially unsettling future in which they could be replaced by artificial intelligence. The leaders of SAG-AFTRA, the Hollywood union representing 160,000 television and movie actors, went on strike on Thursday, joining the industry’s screenwriters who have already been picketing for over 70 days. Among the many issues flagged by both the writers and actors in the protests has been how generative AI tools could replace their roles in the industry. Over the last decade, AI has found several uses in the movie and television industry, from de-aging actors, analysing patterns and behaviours of viewers on streaming platforms, bringing back the voices of late actors and even helping stitch together entire movie trailers. One of the proposals, as explained by SAG-AFTRA’s national executive director and chief negotiator Duncan Crabtree-Ireland, feels like it is straight out of dystopian science fiction series Black Mirror. During a press conference on Thursday, Mr Crabtree-Ireland alleged that a proposal from Hollywood studios was to use “groundbreaking AI” to scan background performers and only offer them a day’s pay while the companies get to own the scans and use them for any project they want. “This ‘groundbreaking’ AI proposal that they gave us yesterday, they proposed that our background performers should be able to be scanned, get one day’s pay, and their companies should own that scan, their image, their likeness and should be able to use it for the rest of eternity on any project they want, with no consent and no compensation,” the executive said. “If you think that’s a groundbreaking proposal, I suggest you think again,” Mr Crabtree-Ireland said. A statement from the Alliance of Motion Picture and Television Producers (AMPTP), that represents the studios, claims the “groundbreaking AI” proposal “protects actors’ digital likenesses for SAG-AFTRA members”. “We are being victimized by a very greedy enterprise... The entire business model has been changed by streaming and AI If we don’t stand tall right now, we are all going to be in jeopardy,” the actors’ guild president Fran Drescher said on Thursday. Follow along here for real-time updates on the SAG-AFTRA strike Writers who have already been protesting since May have also sought assurances from studios that their jobs would not be threatened by AI. With the steady rise of online streaming services looking to rack up user subscriptions by churning out endless amounts of digital content, writers on strike have sought new pay structures, guaranteed periods of work as well as better discussions on the limits of AI use. Members of the Writers Guild of America (WGA) shared concerns that producers may seek to use AI to write scripts or at least use the technology to complete unfinished screenplays, and have also urged production houses to agree to safeguards around its usage. Screenwriters fear AI could be used to churn out a rough first draft with a few simple prompts and writers may then be hired after this initial step to punch such drafts up – albeit at a lower pay rate. Without further dialogue with studios, writers have raised concerns there could be a number of new ways that AI could be used to craft outlines for stories, fill in scenes and even come up with mock-up drafts. “There are ways it can be useful. But too many people are using it against us and using it to create mediocrity. They’re also in violation of copyright. They’re also plagiarizing,” Michael Winship, president of the WGA East, said in May. With these risks in mind, the WGA seeks more safeguards on how AI can be applied to the screenwriting process. Read More Hollywood actors and writers strike after ‘disgusting’ studios turn down deal. Here’s what it means for you Hollywood in historic shutdown as actors union joins writers strike: ‘The eyes of the world are upon us’ Cast of Oppenheimer walk out of UK premiere ahead of actors’ strike announcement What happens next as striking actors send Hollywood into meltdown? Issa Rae and Jamie Lee Curtis lead A-listers voicing support for actors strike Hollywood in historic shutdown as actors union joins writers strike
2023-07-14 13:50
Underdogs of Currency World Stage Comeback
Underdogs of Currency World Stage Comeback
After being beaten down by a dominant dollar this year, the weakest links in the currency world are
2023-07-14 12:22
Britain’s Crisis of Ill Health Costs Treasury £15 Billion
Britain’s Crisis of Ill Health Costs Treasury £15 Billion
Deteriorating health in Britain is costing the state more than £15 billion ($19.6 billion) a year in higher
2023-07-13 19:47
UK Economy Held Up Better Than Expected in Coronation Holiday
UK Economy Held Up Better Than Expected in Coronation Holiday
The UK economy shrank less than expected in May after an additional holiday to mark the coronation of
2023-07-13 14:20
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